Research Analysts’ Downgrades for April 24th (CX, ENPH, ENQ, HCP, IBTX, IEX, LSXMA, MMSI, SLAB, SRDX)

Research Analysts’ downgrades for Wednesday, April 24th:

CEMEX (NYSE:CX) was downgraded by analysts at Bank of America Co. from a buy rating to a neutral rating. The firm currently has $9.00 price target on the stock.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Guggenheim from a neutral rating to a sell rating. They currently have $92.00 price target on the stock.

Enphase Energy (NASDAQ:ENPH) was downgraded by analysts at Jefferies Financial Group Inc. from a buy rating to a hold rating. Jefferies Financial Group Inc. currently has $111.00 target price on the stock, down from their previous target price of $135.00.

EnQuest (LON:ENQ) was downgraded by analysts at Canaccord Genuity Group Inc. to a buy rating.

HashiCorp (NASDAQ:HCP) was downgraded by analysts at BTIG Research from a buy rating to a neutral rating.

Independent Bank Group (NASDAQ:IBTX) was downgraded by analysts at Piper Sandler from a neutral rating to an underweight rating. The firm currently has $38.00 price target on the stock, down from their previous price target of $48.00.

IDEX (NYSE:IEX) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

The Liberty SiriusXM Group (NASDAQ:LSXMA) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating. They currently have $28.00 price target on the stock, down from their previous price target of $35.00.

Merit Medical Systems (NASDAQ:MMSI) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Silicon Laboratories (NASDAQ:SLAB) was downgraded by analysts at Summit Insights from a buy rating to a hold rating.

Surmodics (NASDAQ:SRDX) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

Molson Coors Beverage (NYSE:TAP) was downgraded by analysts at Citigroup Inc. from a neutral rating to a sell rating. Citigroup Inc. currently has $56.00 price target on the stock, down from their previous price target of $66.00.

Telecom Argentina (NYSE:TEO) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.

Wipro (NYSE:WIT) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Xerox (NYSE:XRX) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.